EU privacy ruling may disrupt US tech firms, spy programmes

US internet companies may lose billions of dollars and spy agencies may be stifled in thwarting terror plots after Europe’s highest court struck down a trans-Atlantic data-use agreement

6th October, 2015

US internet companies may lose billions of dollars and spy agencies may be stifled in thwarting terror plots after Europe’s highest court struck down a trans-Atlantic data-use agreement.

The US Commerce Department will provide guidance to companies on how to proceed with data transfers in the wake of Tuesday’s ruling, which invalidates a 15-year-old agreement that allowed US technology companies such as Facebook and Google to move European customers’ information to the US....

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